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Re: PANTHER3312 post# 59652

Tuesday, 03/24/2015 12:48:59 PM

Tuesday, March 24, 2015 12:48:59 PM

Post# of 132257
Yes they do not have to post 4th qt filings with OTC unless they where not doing a end of year. If they do a end of year they are due 90 days from Jan 1st. They can buy a little more time by filing a extension, not sure how much time that gives them, but they still must actually file a extension with OTC, which we would be able to see under filings on OTC Market site. If not they go to limited info, then shortly after that to no info.

Then 1st quarter filings would be due May 15th 45 days after end of quarter, or whole process starts over again and they go limited, then no info after that. So we should see 2 filings shortly, 2014 end of year in about one week, and 1st quarter in about 50 plus days.

FYI They do not make it often on time and do go limited for at least a period of time. IMO what they need to file, will be some of the same stuff that Finra will expect from a reverse merger, but that will even be more in depth if it really is going to be considered a reverse merger. If they aquire them, as they actually said they already did, I do not think they would need as much info for Finra or SEC. so there is a huge difference between a reverse merger and aquirering them. Not sure how they possible could Aquire them when there was no money to aquire them, so still thinking it will be a reverse merger, usual timelines for that is 90-120 days, sometimes more.

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